EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...
Carl Icahn had to wait several months, but the activist investor got his way. Online marketplace eBay EBAY announced Tuesday it will split from the mobile payments service PayPal — a spinoff long ...
PayPal COO Bill Ready contends eBay’s decision to ditch the company and use Adyen to process payments moving forward is actually good for PayPal (PYPL). On Wednesday, eBay (EBAY) announced it plans to ...
SAN FRANCISCO -- Once eBay started airing PayPal-branded TV commercials (I saw one this month for the first time), an official split of the two companies wasn't far behind. And now that the online ...
The online payments giant is making meaningful strides and eBay shareholders automatically got a piece of the new company. Icahn, as we know, took home the win. And as of this week, PayPal is once ...
eBay announced it would not be renewing its agreement with PayPal when its current deal expires in 2020. Should PayPal shareholders be worried? Yet none of the analysts' questions in the conference ...
update PayPal is now officially a part of eBay, but the online payments company will be without its chief executive officer who led it into the merger. eBay announced Thursday afternoon that it has ...
PayPal has stepped up its war with eBay-owned Billpoint, leaving some auction sellers feeling caught in the cross fire. Last week, PayPal e-mailed auction sellers who use its online payment services, ...
Online marketplace eBay will now pay its sellers directly rather than through online payment giant PayPal under new rules which came into effect on 1 June, marking an end to a 19-year partnership.
PayPal and its prospective owner, eBay, are under new scrutiny from federal regulators. PayPal received two federal grand jury subpoenas last month concerning its processing of online gambling ...
eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted ...
SAN JOSE, Calif.--(BUSINESS WIRE)--eBay (NASDAQ:EBAY) and PayPal (NASDAQ:PYPL) today confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023.